Rules & risk management
At MK Capital Circle, our rules are designed to create a fair, transparent, and sustainable trading environment for both the trader and the firm.
These guidelines are not just for us, they are built to protect our partnership, eliminate loopholes, and support long-term success.
Don’t worry, everything is kept clear, simple, and easy to follow, so you always know where you stand.
GENERAL TRADING RULES
• Trade within the defined risk limits at all times
• All risk parameters are automatically monitored for accuracy and fairness
• Rules apply equally across all account types unless clearly stated otherwise
• Any rule breach will result in standard account review and action as per guidelines
• Traders are encouraged to understand the rules to ensure a smooth and uninterrupted trading experience
No hidden rules. No surprises. If you follow the guidelines, your account and profits remain fully protected.
MK Premium Rulebook
An instant funding structure granting immediate access to firm capital, governed by strict risk controls and trading discipline requirements. This rulebook defines all operational and compliance standards.
Trading Environment, Broker & Platform Rules
This section explains how the trading environment works and clarifies all broker- and platform related responsibilities. MK Capital Circle operates a trader-first evaluation model designed to ensure fairness, transparency, and consistency across all account types.
Trader-Selected Broker & Platform
Traders are required to create and maintain their own demo trading account with a supported third-party broker of their choice.
- Supported platforms: MT5-compatible environments.
- Broker selection is made solely by the trader.
- MK Capital Circle does not provide or operate broker accounts.
This structure allows traders to trade under execution conditions they are familiar with and have previously tested.
Account Setup & Monitoring
This requirement applies exclusively to MK Premium Instant accounts. Upon purchasing an MK Premium Instant account, the trader must open a demo account matching the purchased account size with their preferred broker.
Example:
If a trader purchases an MK Premium Instant $10,000 account, they must open a $10,000 demo account. The trader is required to provide:
• MT5 account login
• Server name
• Investor (read-only) password
This access is used strictly for performance monitoring and rule enforcement. Trading passwords must never be shared under any circumstances.
Execution & Broker Responsibility
MK Capital Circle does not control or influence:
- Trade execution
- Pricing
- Spreads
- Slippage
- Commissions
- Swap or rollover charges
- Broker server availability
All execution-related conditions are determined solely by the trader’s chosen broker. Broker-related technical issues do not qualify for rule adjustments or challenge exceptions.
Account Integrity Rules
The following actions are strictly prohibited and will result in challenge failure:
- Changing account balance or parameters.
- Changing or disabling investor (read-only) access.
- Resetting the demo account without approval.
- Removing monitoring access during an active phase.
Account Monitoring & Rule Enforcement
At MK Capital Circle, accounts are monitored by system alerts and manually reviewed for accuracy.
Please understand clearly:
• The moment you violate a rule, your account is considered terminated.
• This applies even if you receive the notification later.
• Notifications are only confirmation, not the trigger.
Process flow:
• Once a rule is violated, we receive a system alert.
• Our team manually reviews the account to confirm the breach.
• After verification, we send the account termination confirmation email.
• Due to this review process, there may be a short delay in email confirmation.
As traders operate on their own broker:
• We cannot instantly stop trading activity.
• Any trades placed after a rule violation have no validity.
• Your account is already considered disconnected at the moment of breach.
We don’t rely only on automated systems — our team double-checks every case manually to ensure accuracy and fairness.
Payouts & Capital Allocation
All funded accounts operate in a simulated trading environment.
- Payouts are made from MK Capital Circle’s internal capital.
- Payouts are not linked to broker profits or losses.
- MK Capital Circle does not profit from spreads, slippage, or trader losses.
DAILY DRAWDOWN RULE
Daily drawdown is calculated based on the start-of-day equity and includes both floating losses and closed losses. Daily drawdown also includes all trading-related costs, including commissions, swaps, and fees. The daily drawdown limit is a hard risk threshold and must not be breached under any circumstances. A breach of the daily drawdown limit will result in immediate account violation, termination, or suspension, without prior notice.
Traders are fully responsible for monitoring their account equity in real time and for managing open positions accordingly. Trades must be closed before the daily drawdown threshold is reached. Any breach resulting from market volatility, slippage, spread widening, execution delays, or technical conditions will still be considered a valid violation.
MK Capital Circle reserves the right to enforce all drawdown rules at its sole discretion and to take appropriate action in the event of a breach to protect capital and maintain a disciplined trading environment.
The daily drawdown limit is always calculated from the trader’s original starting balance, not from the current balance after profits. This rule applies at all times, regardless of whether trades earlier in the day were profitable.
Daily Drawdown Reset Time
The daily drawdown resets at 00:00 UTC (midnight). This reset takes place during the daily market rollover period, when the market is typically closed for approximately one hour. After the reset, a new daily drawdown limit is applied for the new trading day.
For Mk Premium Instant Accounts, the daily drawdown is fixed at 5% of the initial account balance and resets at the start of each trading day. The daily loss limit includes both realized (closed) losses and unrealized (floating) losses. Once the combined total of closed and floating losses reaches the defined daily limit, the account will be considered in breach of the risk parameters.
If the account is in profit during the trading day, the allowable daily loss increases by the same amount as the profit. However, any loss that exceeds the total allowable daily drawdown at any moment during the trading day will result in immediate account termination.
It is important to understand that although profits can temporarily increase the allowable daily loss during the same trading day, the daily drawdown is always anchored to 5% of the original starting balance, not the increased balance after profits.
Example 1: Profit Increases Allowable Daily Loss (Same Day)
For a $10,000 account, the daily drawdown limit is $500 (5%).
If the trader makes a $200 profit during the trading day, the maximum allowable loss for that same day becomes $700. At 00:00 UTC, the daily drawdown resets, and the allowable daily loss returns to $500 for the new trading day.
Example 2: Profitable Trade Followed by Losses
If a trader starts the day with a $10,000 account, the daily drawdown limit at 5% is $500. If the first trade is closed in profit at +$500, the account balance increases to $10,500. Despite this profit, when entering the next trade, the maximum allowable loss remains $500 because the daily drawdown is still calculated from the original $10,000 balance.
The trade must be closed before the floating loss reaches $500. To avoid accidental violations caused by spread or slippage, traders are strongly advised to close the trade around a -$480 loss as a safety buffer.
If the second trade is closed at a loss of $500, the account balance returns to $10,000 and the equity remains at $10,000. The trader may then enter a third trade. If this third trade reaches a loss of $500, the account equity drops to $9,500, which represents the maximum daily drawdown allowed for that trading day. Any further loss beyond this level will result in a daily drawdown breach.
A total loss of $1,000 after a $500 profit must occur across two separate trades, not within a single trade. One trade losing $1,000 after a profitable trade is not permitted, as it would cause the equity to fall below $9,500 in a single movement, violating the daily drawdown rule.
Example 3: Loss on One Day and Reset on the Next Day
If a trader starts with a $10,000 account and takes a $300 loss during the day, the account balance becomes $9,700. For that same trading day, the remaining allowable daily drawdown is $200, because the account equity must not fall below $9,500.
On the next trading day, the daily drawdown resets at 00:00 UTC. Even though the trader starts the new day with a balance of $9,700, the daily drawdown limit is again $500, because the drawdown is always calculated based on the original starting balance.
For the new trading day, the trader begins with $9,700 and has a total allowable daily loss of $500. This means the account equity must not fall below $9,200 at any point during that day.
This example demonstrates that even if the account balance is lower than the original $10,000, the daily drawdown limit remains fixed at 5% of the original balance, and the equity floor adjusts accordingly.
SECTION 3: TOTAL DRAWDOWN RULE
Total drawdown represents the maximum permissible loss on an account and is calculated based on account equity, including both floating losses and closed losses, at all times.
The total drawdown limit is a hard risk threshold and must not be breached under any circumstances. A breach of the total drawdown limit will result in immediate account violation, termination, or suspension, without prior notice.
Total drawdown is not subject to daily reset and remains in effect for the entire lifecycle of the account. Profits generated on the account do not extend, reduce, or modify the total drawdown limit unless explicitly stated under the specific account terms.
Traders are fully responsible for monitoring their account equity in real time and for managing open positions accordingly. Trades must be closed before the total drawdown threshold is reached. Any breach resulting from market volatility, slippage, spread widening, execution delays, or technical conditions will still be considered a valid violation.
MK Capital Circle reserves the right to enforce all drawdown rules at its sole discretion and to take appropriate action in the event of a breach to protect capital and maintain a disciplined trading environment.
MK PREMIUM INSTANT ACCOUNTS-Maximum Drawdown (10% – End-of-Day Trailing)
Your total drawdown is 10% of your account balance and is calculated at the end of each trading day based on your net realized losses from closed trades. Floating losses (open trades) do not count until the trade is closed, but you must ensure that floating losses do not breach the daily drawdown limit at any time.
The maximum drawdown does not trail intraday and does not reset. Floating profits during the trading day do not affect the maximum drawdown level.
End-of-Day Drawdown Adjustment Time
The maximum drawdown level is updated at 00:00 UTC (midnight) during the daily market rollover period when the market is closed for approximately one hour.
Loss Recovery Clarification
Recovering losses before day close means no total drawdown deduction. If a trader incurs a loss during the trading day but fully recovers that loss before the daily close at 00:00 UTC, the maximum drawdown will not be affected or adjusted. In such cases, the account’s total drawdown remains unchanged and continues to be calculated at 10% of the account balance, as if no loss occurred.
Example
Account Size: $10,000
Maximum Drawdown: 10% ($1,000)
• Initial maximum loss level: $9,000
If the account temporarily loses $100 during the trading day but the loss is fully recovered before 00:00 UTC, the maximum drawdown still remains at 10% which is $1,000.
Net Daily Loss Deduction:
• Only the net daily loss from closed trades is deducted from your total drawdown.
• Example:
• Trade 1: +$30 → closed profit
• Trade 2: -$10 → closed loss
• Trade 3: -$30 → closed loss
• Net loss: -$10 → total drawdown reduced by $10 which becomes=$1,000-$10=$990
Weekly Trading Example – How Daily Drawdown Works
• Account Size: $10,000
• Total Loss Limit (Drawdown): 10% → $1,000
Monday: +$50 profit
• Net Daily Loss: $0
• Total Drawdown: $1,000 → unchanged
• Explanation: No net loss today, so total drawdown is unaffected
Tuesday: +$60 profit
• Net Daily Loss: $0
• Total Drawdown: $1,000 → unchanged
• Explanation: Still no realized loss; drawdown remains the same
Wednesday: -$30 loss, fully recovered before day close
• Net Daily Loss: $0 (loss recovered)
• Total Drawdown: $1,000 → unchanged
• Explanation: Only net daily losses count toward total drawdown; recovered losses do not reduce drawdown
Thursday: +$40 profit
• Net Daily Loss: $0
• Total Drawdown: $1,000 → unchanged
• Explanation: Profitable days do not increase or reset drawdown
Friday: -$30 loss, not recovered
• Net Daily Loss: -$30
• Total Drawdown: $1,000 – $30 = $970
• Explanation: Realized net daily loss permanently reduces total drawdown
Floating Profit Advantage – Why MK Premium Instant Accounts Stand Out
Imagine a $10,000 MK Premium Instant Account. You open a trade and it jumps to $400 in floating profit, taking your equity temporarily to $10,400. The trade is still open, and then it comes back to break-even, returning your balance to $10,000.
Here’s the key: your total drawdown remains $1,000 because no loss has been realized in your closed trade history. Unlike other prop firms where drawdown locks in at the intraday high and any reversal can immediately eat into your account; MK Capital Circle gives you breathing room.
Your account only reacts to net losses from closed trades, giving you more flexibility, less pressure, and a fairer trading environment.
This is the main reason MK Premium Instant Accounts outperform other instant accounts — we let you trade with confidence, not panic. No unfair drawdown penalties for floating profits that eventually turn back — only your actual losses affect your account.
Floating Loss Flexibility – Trade Without Pressure
Imagine a $10,000 MK Premium Instant Account. On Monday, you open a trade that goes into $300 floating loss over a few days. Importantly, this does not breach your daily loss limit of $500.
A few days later, the trade swings back into profit and you close it positively. Here’s the difference: your total drawdown remains unaffected because no net loss has been recorded in your closed trade history.
Unlike other prop firms where floating losses can immediately lock in and reduce your drawdown, MK Premium Instant Accounts give you more flexibility and breathing room. You can hold trades through volatility without unnecessary penalties — your drawdown only reacts to actual, realized
losses.
Important Clarifications
Holding a trade in floating loss over multiple days does not affect the maximum drawdown, provided that the trade is not closed in loss, and the account does not breach the daily loss limit at any time. If a trade in floating loss later returns to profit and is closed positively, it will not impact the drawdown, as no realized loss has occurred.
Losses recovered before day close do not affect total drawdown.
Closing a day with profit does NOT increase total drawdown.
Maximum drawdown only moves once per day, not during the day.
Total drawdown only decreases when there is a net daily loss.
Overall Drawdown Does not reset after challenge remains as set at purchase
SECTION 4-NEWS TRADING POLICY
MK Capital Circle applies specific news-trading rules to protect capital during periods of high market volatility. Trading activity around major economic news events is subject to monitoring, and all compliance decisions made by MK Capital Circle are final.
For MK Premium Instant accounts, holding trades during news events is permitted. However, opening, closing, or executing any trades (including pending orders) within 15 minutes before or after a major news event is strictly prohibited.
For example, if a major news event is scheduled at 6:30 PM, no trade may be opened, closed, or executed between 6:15 PM and 6:45 PM. Any trades executed during this restricted window will not be counted toward profit or profit share. The account will remain active, but profits generated during this period will be excluded.
For MK Premium Instant accounts, any profit generated from trades executed during restricted news periods will be deducted from the payout split, not from the total account profit.
MK Capital Circle uses Forex Factory as the official reference for news events. Any high-impact news marked with a red folder, for any currency, is considered a news event under this policy.
SECTION 5– MINIMUM TRADING DAYS POLICY
To ensure fair trading behavior and protect both the trader and the firm, the following minimum trading day rules apply across MK Premium Instant account:
MK Flex Cap Model – Premium Instant Accounts
• No minimum profitable days.
• A daily profit cap applies to ensure controlled and consistent growth.
Daily Profit Cap (For Mk Flex Cap Model Only) = 7% of Total Drawdown
Examples:
• $5,000 account:
• Total drawdown: $500
• Daily profit cap: $35
• $10,000 account: Daily cap: $70
• $20,000 account: Daily cap: $140
This is the maximum allowed profit per day, not a required target. Any profit earned above the daily cap will be deducted from profit share, not from account equity. This is not a penalty—the account is already funded. The goal is steady, disciplined growth, not aggressive or random trading.
MK Premium Instant – Standard Accounts
(Applies only to Standard accounts, not Flex Cap Model)
Minimum Profitable Days Requirement
• 1st & 2nd withdrawals: 7 profitable days
• 3rd & 4th withdrawals: 6 profitable days
• 5th withdrawal onward: 3 profitable days
Minimum Profit Per Profitable Day
• $2,500 account: Minimum $13
• $5,000 account: Minimum $25
• $10,000 account: Minimum $50
• $20,000 account: Minimum $100
This structure ensures responsible trading, consistent performance, and long-term account sustainability while maintaining firm-level risk.
SECTION 6– KYC & MANUAL VERIFICATION
KYC and Manual Verification are mandatory and critical process designed to ensure discipline, consistency, and long-term risk integrity across all Mk Capital Circle trading programs.
All traders must successfully pass this verification stage to be eligible for payouts.
Performance & Risk Review
Mk Capital Circle conducts a thorough review of all prior trading activity. This review includes, but is not limited to:
Risk management consistency
• Position sizing behavior.
• Trade execution discipline.
• Evidence of structured strategy implementation.
Traders found to be engaging in gambling behavior, excessive risk exposure, reckless trading, or strategy-less execution may be subject to the following actions at Mk Capital Circle’s sole discretion:
• Required reattempt of the profit target under proper risk conditions, or
• Account suspension or termination without refund of any challenge or participation fees.
Conversely, traders who demonstrate strong discipline, controlled risk management, and professional trading behavior may receive priority processing and early access to payouts. Our team actively seeks disciplined traders prepared for long-term capital allocation.
For Mk Premium Instant Accounts, KYC and Manual Verification are initiated at the time of the trader’s first payout request. Upon submission of a payout request, our team will contact the trader to complete the verification process.
This process is finalized within two (2) business days, and approved payouts are released within two (2) business days following successful verification.
Final Notice
Mk Capital Circle reserves the full right to delay, deny, suspend, or terminate accounts that fail to meet verification, compliance, or risk standards. This process exists to protect the firm, ensure fairness, and support disciplined traders committed to professional trading standards.
SECTION 7 -FEE REFUND
- Mk Premium Instant Accounts are not eligible for fee refunds under any circumstances.
- All challenge fees associated with Mk Premium Instant Accounts are strictly non refundable.
SECTION 8 – WEEKEND HOLDING POLICY
Mk Capital Circle respects every trader and every trading strategy. In line with our commitment to flexibility and trader autonomy, weekend holding is permitted across all account models, including both Challenge and Live Accounts. Cryptocurrency trading is strictly prohibited during weekends and any periods when the Forex market is closed, including bank holidays. Any
violation will result in immediate account termination without prior notice.
Risk Responsibility
Traders may hold open positions over the weekend at their own discretion.
Traders must fully understand that weekend market openings may involve price gaps, increased volatility, and reduced liquidity. Any losses resulting from:
- Weekend price gaps.
- Market re-open volatility.
- Slippage or execution differences that lead to a breach of daily or total drawdown limits are the sole responsibility of the trader.
Important Notice
• Drawdown violations caused by weekend market gaps are not exempt from rule enforcement.
• Challenge fee refunds, payouts, or account eligibility may be forfeited if drawdown rules are breached due to weekend holding.
Mk Capital Circle does not provide compensation, refunds, or rule exceptions for losses incurred from weekend market behavior.
Final Reminder
Weekend holding offers additional freedom—but with that freedom comes full accountability. Manage your exposure.Control your risk.Trade responsibly.
SECTION 9 – PAYOUT ELIGIBILITY & PROFIT SPLITS
Mk Capital Circle rewards traders who demonstrate consistency, discipline, and professional risk management. Payout eligibility, and profit splits are governed strictly by the rules outlined below.
Withdrawal eligibility is based on profitability, consistency, and discipline across defined trading cycles.
21-TRADING DAY PAYOUT (1st & 2nd Withdrawals)
For Mk Premium Instant Accounts, the first and second withdrawals are eligible after 21 trading days.
• Minimum Profitable Days: 7
• Each Profitable Day must generate at least 0.5% of the initial account balance.
• Minimum Total Profit: 3%
• Profit Share: 50%
• Maximum Withdrawal: 7% of the initial balance.
14-TRADING DAY PAYOUT (3rd & 4th Withdrawals)
For Mk Premium Instant Accounts, the 3rd and 4th withdrawals are eligible after 14 trading days.
• Minimum Profitable Days: 6
• Each Profitable Day must generate at least 0.5% 0f the initial account balance.
• Minimum Total Profit: 3%
• Profit Share: 60%
• Maximum Withdrawal: 7% of the initial balance.
7-TRADING DAY PAYOUT (5th Withdrawal & Onward)
For Mk Premium Instant Accounts, the 5th withdrawal and onward are eligible after 7 trading days.
No daily profit cap — traders may exceed 1.5% in a single day.
• Minimum Profitable Days: 3
• Each Profitable Day must generate at least 0.5% of the initial account balance.
Profit-Based Payout Tiers
• 3% – 4.99% total profit → 50% profit share
• 5% or more total profit → 70% profit share
• Maximum Withdrawal: 7% of the initial balance.
Important Clarification:
Among the 7% total profit cap, traders will receive their applicable profit split only.
Example ( $20,000 Account ):
• Maximum eligible profit: 7% = $1,400
• If trader qualifies for 70% profit split:
→ Trader receives $980
→ Mk Capital Circle retains $420
Important Note (Applies to All Premium Instant Payouts)
Traders who fail to meet:
• The minimum total profit requirement, or the minimum number of profitable trading days will not qualify for a payout in that cycle.
This rule applies to 21-day, 14-day, and 7-day payout cycles without exception.
PAYOUT CYCLE TIMING
• The payout cycle begins on the day the trader places their first trade.
• Payout cycles are not based on calendar weeks.
• For Mk Premium Instant Accounts:
• Traders are notified automatically when a payout cycle ends.
• A new cycle begins on the day the trader places their first trade.
For Mk Premium Instant Accounts, profits generated within one payout cycle do not carryforward to the next cycle. After requesting a payout, the account balance will be reset to the initial account balance.
FINAL NOTICE
Mk Capital Circle reserves the full and exclusive right to:
• Review all trading activity.
• Verify profit calculations.
• Approve, delay, reduce, or deny payouts.
• Adjust profit splits based on rule compliance and risk behavior.
All payouts are subject to compliance review and final approval
SECTION 10– LEVERAGE, SPREADS, COMMISSIONS & SLIPPAGE
MK Capital Circle operates a trader-selected broker model. All trading activity takes place on demo accounts created by traders with their chosen third-party broker.
Leverage
Leverage settings are determined solely by the trader’s chosen broker and may vary depending on:
- Broker policies
- Account type
- Instrument traded
- Market conditions
MK Capital Circle does not set, modify, or enforce leverage levels.
Spreads & Commissions
Spreads, commissions, and other trading costs are fully determined by the trader’s selected broker.
- MK Capital Circle does not provide fixed spreads.
- MK Capital Circle does not charge or control trading commissions.
- All trading costs are applied by the broker selected by the trader.
Traders are responsible for understanding the cost structure of their chosen broker before trading.
Slippage & Execution
All trades are executed according to the execution model of the trader’s selected broker. Slippage may occur under normal market conditions, including but not limited to:
- High volatility
- News events
- Low-liquidity periods
Both positive and negative slippage are possible and are considered normal market behavior. MK Capital Circle does not influence order execution, pricing, or trade fills.
Important Notice
MK Capital Circle does not guarantee:
- Specific spreads
- Fixed leverage
- Zero slippage
- Execution at requested prices
Execution-related outcomes resulting from broker conditions are not grounds for:
- Refunds
- Rule exceptions
- Account reinstatement
By participating in any MK Capital Circle program, traders acknowledge and accept the execution conditions of their chosen broker.
SECTION 11– EXPERT ADVISORS (EA) & AUTOMATED TRADING POLICY
MK Capital Circle permits the use of Expert Advisors (EAs) and automated trading systems across its programs, provided they are used in a fair, transparent, and risk-controlled manner.
This policy supports professional algorithmic traders while protecting the firm from abusive, manipulative, or non-professional trading behavior.
Permitted EA Usage
EAs are permitted provided that:
- The EA is based on legitimate market logic and strategy.
- Trading behavior reflects normal market participation.
- All risk management rules, drawdown limits, and exposure limits are respected.
- The EA does not attempt to bypass or manipulate evaluation rules.
- Traders remain fully responsible for ensuring their automated systems operate within MK Capital Circle’s rules at all times.
Prohibited EA Practices
The following automated trading behaviors are strictly prohibited and may result in account review, suspension, or termination without refund:
- Latency, price-feed, or reverse arbitrage strategies.
- Tick scalping or ultra-high-frequency strategies designed to exploit execution timing.
- News-spike exploitation, order flooding, or quote manipulation.
- Grid, martingale, or risk-amplification systems that undermine drawdown intent.
- Any EA designed to bypass risk limits, monitoring mechanisms, or evaluation rules.
- Copying, mirroring, or coordinating trades across accounts to manipulate outcomes.
Monitoring & Firm Discretion
All EA activity is subject to performance and behavior review. MK Capital Circle reserves the sole discretion to determine whether an EA:
- Aligns with professional trading standards.
- Demonstrates fair and non-manipulative behavior.
- Poses unacceptable risk to the firm’s evaluation framework or internal capital model.
If an EA is deemed abusive or inconsistent with firm policies:
- The account may be suspended or terminated.
- Profits generated during the violation period may be forfeited.
- Challenge access, refunds, or payouts may be denied.
Trader Responsibility
Traders are fully responsible for:
- The logic, behavior, and performance of any EA they deploy.
- Compliance with all trading rules and limits.
- Monitoring EA behavior during volatile or illiquid market conditions.
MK Capital Circle does not grant exceptions for losses, violations, or account breaches caused by automated systems.
Final Notice
Fair, disciplined automation is permitted.
Exploitative or rule-evasive systems are not.
Professional conduct is mandatory.
SECTION 12– PROHIBITED TRADING STRATEGIES & ABUSIVE PRACTICES
To maintain a fair, sustainable, and professional evaluation environment, MK Capital Circle strictly prohibits any trading strategy or behavior designed to circumvent risk rules, exploit non standard market behavior, or create artificial advantages inconsistent with professional trading practices.
This section exists to protect the firm’s evaluation framework and ensure equal treatment for all traders.
Strictly Prohibited Trading Practices
The following strategies and behaviors are not permitted across any MK Capital Circle program, including evaluation and simulated funded accounts.
Market Manipulation & Arbitrage Strategies
- Latency, price-feed, or reverse arbitrage strategies.
- Strategies designed to exploit timing discrepancies between price feeds.
- Any form of off-market or non-tradable price exploitation.
Low-Liquidity & Volatility Abuse
- Trading strategies primarily designed to exploit low-liquidity conditions.
- Tick scalping or ultra-short-term strategies intended to exploit execution timing.
- Order flooding or excessive order placement to gain artificial advantage.
News & Event Exploitation
- Trading strategies designed primarily to exploit execution volatility during news events.
- News straddling or spike-capture systems intended to profit from execution irregularities rather than market direction.
Risk Amplification & Drawdown Circumvention
- Martingale strategies.
- Grid trading systems.
- Loss-recovery, averaging-down, or position-multiplying strategies that undermine drawdown limits or risk intent.
Account Manipulation & Rule Circumvention
- Hedging or offsetting exposure across multiple accounts.
- Copy trading, mirroring, or coordinated trading activity intended to manipulate evaluation outcomes.
- Using multiple accounts to artificially reduce effective risk exposure.
Platform, Tool & Rule Abuse
- Use of scripts, plugins, or tools designed to bypass rules or monitoring mechanisms.
- Manipulating trade size, frequency, or execution behavior to avoid limits.
- Any attempt to exploit technical or procedural weaknesses in the evaluation process.
General Abuse Clause
Any strategy or behavior that:
- Provides an artificial or unfair advantage.
- Is not reasonably viable under standard market conditions.
- Circumvents the intent of risk rules.
- Undermines the integrity of the evaluation framework.
may be deemed prohibited, even if not explicitly listed above.
Firm Review & Enforcement
MK Capital Circle reserves the right to:
- Review trading activity manually or through monitoring systems.
- Determine whether a strategy violates firm rules or intent.
- Restrict, suspend, or terminate accounts engaged in prohibited activity
Where violations occur:
- Accounts may be closed.
- Profits generated through prohibited behavior may be voided.
- Challenge access, refunds, or payouts may be denied.
Trader Responsibility
Traders are fully responsible for:
- Understanding and complying with all trading rules.
- Ensuring strategies reflect professional and ethical trading conduct.
- Avoiding any approach designed to exploit conditions rather than trade market.
Lack of awareness or misunderstanding does not exempt a trader from enforcement
MK Solo Prime Rulebook
A single-phase evaluation model engineered for traders who demonstrate precision, efficiency, and controlled risk exposure. This section outlines all criteria required to achieve funded status.
Trading Environment, Broker & Platform Rules
This section explains how the trading environment works and clarifies all broker and platform related responsibilities.
MK Capital Circle operates a trader-first evaluation model designed to ensure fairness, transparency, and consistency across all account types.
Trader-Selected Broker & Platform
Traders are required to create and maintain their own demo trading account with a supported third-party broker of their choice.
- Supported platforms: MT5-compatible environments.
- Broker selection is made solely by the trader.
- MK Capital Circle does not provide or operate broker accounts.
This structure allows traders to trade under execution conditions they are familiar with and have previously tested.
Account Setup & Evaluation Process
When purchasing an evaluation program, the trader must open a demo account that matches the purchased account size.
Example: If a trader purchases an MK Solo Prime One-Step $10,000 account, they must open a $10,000 demo account with their chosen broker.
The trader must then provide:
- MT5 account login
- Server name
- Investor (read-only) password
This access is used strictly for performance monitoring and rule enforcement. Trading passwords must never be shared.
Phase Progression (MK Solo Prime One-Step)
- Phase 1: The trader trades on their own demo account under Phase 1 rules.
- Funded Stage: Upon passing Phase 1, the trader will be notified via email and the trader may receive access to a simulated funded account, subject to internal review
Execution & Broker Responsibility
MK Capital Circle does not control or influence:
- Trade execution
- Pricing
- Spreads
- Slippage
- Commissions
- Swap or rollover charges
- Broker server availability
All execution-related conditions are determined solely by the trader’s chosen broker.
Broker-related technical issues do not qualify for rule adjustments or challenge exceptions.
Account Integrity Rules
The following actions are strictly prohibited and will result in challenge failure:
- Changing account balance or parameters.
- Changing or disabling investor (read-only) access.
- Resetting the demo account without approval.
- Removing monitoring access during an active phase.
Account Monitoring & Rule Enforcement
At MK Capital Circle, accounts are monitored by system alerts and manually reviewed for accuracy.
Please understand clearly:
• The moment you violate a rule, your account is considered terminated.
• This applies even if you receive the notification later.
• Notifications are only confirmation, not the trigger.
Process flow:
• Once a rule is violated, we receive a system alert
• Our team manually reviews the account to confirm the breach.
• After verification, we send the account termination confirmation email.
• Due to this review process, there may be a short delay in email confirmation.
As traders operate on their own broker:
• We cannot instantly stop trading activity.
• Any trades placed after a rule violation have no validity.
• Your account is already considered disconnected at the moment of breach.
We don’t rely only on automated systems — our team double-checks every case manually to ensure accuracy and fairness.
Payouts & Capital Allocation
All funded accounts operate in a simulated trading environment.
- Payouts are made from MK Capital Circle’s internal capital.
- Payouts are not linked to broker profits or losses.
- MK Capital Circle does not profit from spreads, slippage, or trader losses.
DAILY DRAWDOWN RULE
Daily drawdown is calculated based on the start-of-day equity and includes both floating losses and closed losses. Daily drawdown also includes all trading-related costs, including commissions, swaps, and fees. The daily drawdown limit is a hard risk threshold and must not be breached under any circumstances. A breach of the daily drawdown limit will result in immediate account violation, termination, or suspension, without prior notice.
Traders are fully responsible for monitoring their account equity in real time and for managing open positions accordingly. Trades must be closed before the daily drawdown threshold is reached. Any breach resulting from market volatility, slippage, spread widening, execution delays, or technical conditions will still be considered a valid violation.
MK Capital Circle reserves the right to enforce all drawdown rules at its sole discretion and to take appropriate action in the event of a breach to protect capital and maintain a disciplined trading environment.
The daily drawdown limit is always calculated from the trader’s original starting balance, not from the current balance after profits. This rule applies at all times, regardless of whether trades earlier in the day were profitable.
Daily Drawdown Reset Time
The daily drawdown resets at 00:00 UTC (midnight). This reset takes place during the daily market rollover period, when the market is typically closed for approximately one hour. After the reset, a new daily drawdown limit is applied for the new trading day.
MK SOLO PRIME ACCOUNTS– DAILY DRAWDOWN RULE
For MK Solo Prime accounts, the daily drawdown is fixed at 4% of the initial account balance and resets at the start of each trading day. The daily drawdown is calculated based on the start-of day equity and includes both floating losses and closed losses.
Once the daily drawdown limit is breached at any time during the trading day, trading is no longer permitted, and the account may be breached or suspended.
The daily drawdown is always calculated from the trader’s original starting balance, not from the current balance after profits or losses. This rule applies at all times, regardless of whether trades earlier in the day were profitable.
Daily Drawdown Reset Time
The daily drawdown resets at 00:00 UTC (midnight) during the daily market rollover period. After the reset, a new daily drawdown limit is applied for the new trading day.
Example 1: Profit Increases Allowable Daily Loss (Same Day)
For a $10,000 MK Solo Prime account, the daily drawdown limit at 4% is $400. If the trader makes $200 profit during the trading day, the maximum allowable loss for that same day becomes $600. At 00:00 UTC, the daily drawdown resets, and the allowable daily loss returns to $400 for the new trading day.
Example 2: Profitable Trade Followed by Losses
If a trader starts the day with a $10,000 account, the daily drawdown limit at 4% is $400. If the first trade is closed in profit at +$400, the account balance increases to $10,400. Despite this profit, when entering the next trade, the maximum allowable loss remains $400, because the daily drawdown is still calculated from the original $10,000 balance.
The trade must be closed before the floating loss reaches $400. To avoid accidental violations due to spread or slippage, traders are strongly advised to close the trade around -$390 as a safety buffer.
If the second trade is closed at a loss of $400, the account balance returns to $10,000, and the equity remains at $10,000. The trader may then enter a third trade. If this third trade also reaches a loss of $400, the account equity drops to $9,600, which represents the maximum daily drawdown allowed for that trading day. Any further loss beyond this level will result in a daily drawdown breach.
A total loss of $800 after a $400 profit must occur across two separate trades, not within a single trade. Losing $800 in one trade after a profitable trade is not permitted, as it would cause the equity to fall below $9,600 in one movement, violating the daily drawdown rule.
Example 3: Loss on One Day and Reset on the Next Day
If a trader starts with a $10,000 account and takes a $100 loss during the trading day, the account balance becomes $9,900. Since the daily drawdown limit for an MK Solo Prime account is 4% ($400), the account equity must not fall below $9,600 on that same day. This means the
trader still has $300 of remaining daily drawdown available for that trading day.
On the next trading day, the daily drawdown resets at 00:00 UTC. Even though the trader begins the new day with a balance of $9,900, the daily drawdown limit is again $400, because daily drawdown is always calculated from the original starting balance, not from the current or reduced balance.
For the new trading day, the trader starts with $9,900 and is allowed a maximum daily loss of $400. This means the account equity must not fall below $9,500 at any point during that day.
This example clearly shows that even when the account balance is lower than the original $10,000, the daily drawdown limit remains fixed at 4% of the original balance, and the equity floor moves accordingly with the reset.
SECTION 3: TOTAL DRAWDOWN RULE
Total drawdown represents the maximum permissible loss on an account and is calculated based on account equity, including both floating losses and closed losses, at all times.
The total drawdown limit is a hard risk threshold and must not be breached under any circumstances. A breach of the total drawdown limit will result in immediate account violation, termination, or suspension, without prior notice.
Total drawdown is not subject to daily reset and remains in effect for the entire lifecycle of the account. Profits generated on the account do not extend, reduce, or modify the total drawdown limit unless explicitly stated under the specific account terms.
Traders are fully responsible for monitoring their account equity in real time and for managing open positions accordingly. Trades must be closed before the total drawdown threshold is reached. Any breach resulting from market volatility, slippage, spread widening, execution delays, or technical conditions will still be considered a valid violation.
MK Capital Circle reserves the right to enforce all drawdown rules at its sole discretion and to take appropriate action in the event of a breach to protect capital and maintain a disciplined trading environment.
MK SOLO PRIME ACCOUNTS-TOTAL DRAWDOWN RULE
For MK Solo Prime accounts, the total drawdown is fixed at 6% of the original starting balance and is static, meaning it does not trail or adjust with profits. The total drawdown is calculated based on account equity, including both floating and closed losses, at all times.
The account equity must never fall below 94% of the original starting balance. Any breach of the total drawdown limit, whether caused by a single trade or multiple trades, will result in immediate account violation and termination, without prior notice.
The total drawdown for MK Solo Prime accounts does not reset and remains in effect for the entire duration of the account. Profits earned on the account do not increase, reduce, or modify the total drawdown limit under any circumstances.
Example – $10,000 MK Solo Prime Account
For a $10,000 MK Solo Prime account, the maximum total drawdown is $600. This means the account equity must not fall below $9,400 at any time. If the trader incurs losses totaling $600 across one or multiple trades, the account equity reaches $9,400 and the maximum total drawdown limit is reached. Any additional loss beyond this level, even by a small amount, will result in an immediate total drawdown violation and account termination.
This rule applies at all times, regardless of previous profits. Traders are responsible for actively managing positions and closing trades before the total drawdown threshold is reached to remain compliant with MK Capital Circle’s risk management policies.
SECTION 4-NEWS TRADING POLICY
MK Capital Circle applies specific news-trading rules to protect capital during periods of high market volatility. Trading activity around major economic news events is subject to monitoring, and all compliance decisions made by MK Capital Circle are final.
News trading is allowed during the evaluation phases of MK Solo Prime (One-Step Challenge) accounts.
For MK MK Solo Prime Live accounts, holding trades during news events is permitted. However, opening, closing, or executing any trades (including pending orders) within 15 minutes before or after a major news event is strictly prohibited.
For example, if a major news event is scheduled at 6:30 PM, no trade may be opened, closed, or executed between 6:15 PM and 6:45 PM. Any trades executed during this restricted window will not be counted toward profit or profit share. The account will remain active, but profits generated during this period will be excluded.
For MK Solo Prime Live accounts, any profit generated from trades executed during restricted news periods will be deducted from the payout split, not from the total account profit.
MK Capital Circle uses Forex Factory as the official reference for news events. Any high-impact news marked with a red folder, for any currency, is considered a news event under this policy.
SECTION 5-CHALLENGE COMPLETION & PROFIT TARGET POLICY
To successfully pass any challenge phase at MK Capital Circle, achieving the profit target alone is not sufficient. Traders must fully comply with the following conditions to ensure fair evaluation and risk control.
1. Manual Trade Closure Requirement
- All trades must be manually closed for profits to be considered valid.
- Floating (unrealized) profits do not count toward the profit target.
- If the profit target is reached while trades remain open and the market later reverses into a loss, the responsibility lies entirely with the trader.
- MK Capital Circle will not recognize profits unless positions are fully closed and realized.
This policy ensures accurate performance assessment and protects both the trader and the firm from market volatility.
MK Solo Prime Accounts
• Single evaluation phase
• Profit Target: 10%
Example: On a $10,000 account, the target is $1,000
Important Notice
All rules are designed to ensure responsible risk management, transparent performance evaluation, and long-term sustainability for both traders and MK Capital Circle. Failure to comply with trade closure or profit validation rules may result in challenge failure, regardless of temporary account equity levels.
SECTION 6 – MINIMUM TRADING DAYS POLICY
To ensure fair trading behavior and protect both the trader and the firm, the following minimum trading day rules apply across MK Solo Prime accounts:
MK Solo Prime Challenge Accounts
• Minimum 3 trading days.
MK Solo Prime Live Accounts
• No minimum trading days.
• You may trade for one or two days and wait for payout once eligible.
SECTION 7 – KYC & MANUAL VERIFICATION
KYC and Manual Verification are mandatory and critical process designed to ensure discipline, consistency, and long-term risk integrity across all Mk Capital Circle trading programs.
All traders must successfully pass this verification stage to be eligible for progression to a Live Account. Failure to meet verification standards will result in non-approval for live account issuance.
Performance & Risk Review
Mk Capital Circle conducts a thorough review of all prior trading activity. This review includes,
but is not limited to:
Risk management consistency
• Position sizing behavior.
• Trade execution discipline.
• Evidence of structured strategy implementation.
Traders found to be engaging in gambling behavior, excessive risk exposure, reckless trading, or strategy-less execution may be subject to the following actions at Mk Capital Circle’s sole discretion:
• Required reattempt of the profit target under proper risk conditions, or
• Account suspension or termination without refund of any challenge or participation fees.
Conversely, traders who demonstrate strong discipline, controlled risk management, and professional trading behavior may receive priority processing and early access to the next trading stage under the evaluation program. Our team actively seeks disciplined traders prepared for long-term capital allocation.
Upon successful completion of:
• 1 Challenge Phase (Mk Solo Prime Accounts), our compliance team will contact the trader to collect the following:
• Government-issued identification (front and back).
• Registered email address and phone number.
• Wallet address designated for payout processing.
Upon successful completion, the trader may qualify for the Mk Solo Prime Live Account under a simulated trading environment. All payouts are discretionary and paid from MK Capital Circle’s internal capital. KYC and manual verification for MK Solo Prime accounts is completed within two business days.Once verification is successfully approved, traders may continue trading on Mk Solo Prime Live Account.
Final Notice
Mk Capital Circle reserves the full right to delay, deny, suspend, or terminate accounts that fail to meet verification, compliance, or risk standards. This process exists to protect the firm, ensure fairness, and support disciplined traders committed to professional trading standards.
SECTION 8 – BONUS REWARD: CHALLENGE FEE REFUND
At Mk Capital Circle, we respect and reward traders who demonstrate exceptional risk management, discipline, and consistency throughout their trading journey.
Eligibility Criteria
Traders operating Mk Solo Prime Live Accounts are eligible to receive a full challenge fee refund provided that:
• Floating losses remain below 1% of the initial account balance at all times.
• This condition is maintained throughout the challenge phase and up to the trader’s first payout.
This reward structure is designed to reinforce capital preservation, professional execution, and long-term trading discipline.
Additional Performance Benefits
Beyond the challenge fee refund, traders who consistently maintain floating losses below 1% may also qualify for:
• Increased payout splits, subject to ongoing performance review and compliance. Further details regarding payout enhancements are available in the Payout Section.
Firm Discretion
Mk Capital Circle reserves the exclusive right to verify, approve, modify, or deny any bonus reward based on:
- Risk management behavior.
- Trading consistency.
- Full adherence to all firm rules and policies.
This reward program exists to recognize traders who operate at a professional standard suitable for managing firm capital.
SECTION 9 – WEEKEND HOLDING POLICY
Mk Capital Circle respects every trader and every trading strategy. In line with our commitment to flexibility and trader autonomy, weekend holding is permitted across all account models, including both Challenge and Live Accounts. Cryptocurrency trading is strictly prohibited during weekends and any periods when the Forex market is closed, including bank holidays. Any
violation will result in immediate account termination without prior notice.
Risk Responsibility
Traders may hold open positions over the weekend at their own discretion.
Traders must fully understand that weekend market openings may involve price gaps, increased volatility, and reduced liquidity. Any losses resulting from:
- Weekend price gaps.
- Market re-open volatility.
- Slippage or execution differences that lead to a breach of daily or total drawdown limits are the sole responsibility of the trader.
Important Notice
- Drawdown violations caused by weekend market gaps are not exempt from rule enforcement.
- Challenge fee refunds, payouts, or account eligibility may be forfeited if drawdown rules are breached due to weekend holding.
- Mk Capital Circle does not provide compensation, refunds, or rule exceptions for losses incurred from weekend market behavior.
Final Reminder
Weekend holding offers additional freedom—but with that freedom comes full accountability.
Manage your exposure.Control your risk.Trade responsibly.
SECTION 10 – PAYOUT ELIGIBILITY, PROFIT SPLITS & PERFORMANCE BONUSES
Mk Capital Circle rewards traders who demonstrate consistency, discipline, and professional risk management. Payout eligibility, profit splits, and bonuses vary by account type and are governed strictly by the rules outlined below.
MK SOLO PRIME – PAYOUT ELIGIBILITY
Payout Timing
- Traders may request a payout every 14 calendar days after placing their first trade on the live account, and this applies to every payout.
Minimum Payout Requirement
- To be eligible for any payout, traders must achieve a minimum of 3% total eligible profit on their live account.
- All account rules must be respected without exception.
MK SOLO PRIME LIVE ACCOUNTS – PROFIT SPLIT
Standard Profit Split
• 70% profit share to the trader
• Payouts are available every 14 trading days
Performance Bonus – Enhanced Profit Split
Traders who:
• Maintain floating losses below 1% during the challenge phase and throughout the Mk Solo Prime live account will qualify for a 90% profit share.
Example:
If total profit = $10,000
→ Trader receives $9,000
→ Firm retains $1,000
FINAL NOTICE
Mk Capital Circle reserves the full and exclusive right to:
• Review all trading activity.
• Verify profit calculations.
• Approve, delay, reduce, or deny payouts.
• Adjust profit splits based on rule compliance and risk behavior.
All payouts are subject to compliance review and final approval.
SECTION 11 – LEVERAGE, SPREADS, COMMISSIONS & SLIPPAGE
MK Capital Circle operates a trader-selected broker model. All trading activity takes place on demo accounts created by traders with their chosen third-party broker.
Leverage
Leverage settings are determined solely by the trader’s chosen broker and may vary depending on:
- Broker policies
- Account type
- Instrument traded
- Market conditions
MK Capital Circle does not set, modify, or enforce leverage levels.
Spreads & Commissions
Spreads, commissions, and other trading costs are fully determined by the trader’s selected broker.
- MK Capital Circle does not provide fixed spreads.
- MK Capital Circle does not charge or control trading commissions.
- All trading costs are applied by the broker selected by the trader.
Traders are responsible for understanding the cost structure of their chosen broker before trading.
Slippage & Execution
All trades are executed according to the execution model of the trader’s selected broker.
Slippage may occur under normal market conditions, including but not limited to:
- High volatility
- News events
- Low-liquidity periods
Both positive and negative slippage are possible and are considered normal market behavior. MK Capital Circle does not influence order execution, pricing, or trade fills.
Important Notice
MK Capital Circle does not guarantee:
- Specific spreads
- Fixed leverage
- Zero slippage
Execution at requested prices Execution-related outcomes resulting from broker conditions are not grounds for:
- Refunds
- Rule exceptions
- Account reinstatement
By participating in any MK Capital Circle program, traders acknowledge and accept the execution conditions of their chosen broker.
SECTION 12– EXPERT ADVISORS (EA) & AUTOMATED TRADING POLICY
MK Capital Circle permits the use of Expert Advisors (EAs) and automated trading systems across its programs, provided they are used in a fair, transparent, and risk-controlled manner.
This policy supports professional algorithmic traders while protecting the firm from abusive, manipulative, or non-professional trading behavior.
Permitted EA Usage
EAs are permitted provided that:
- The EA is based on legitimate market logic and strategy.
- Trading behavior reflects normal market participation.
- All risk management rules, drawdown limits, and exposure limits are respected.
- The EA does not attempt to bypass or manipulate evaluation rules.
Traders remain fully responsible for ensuring their automated systems operate within MK Capital Circle’s rules at all times.
Prohibited EA Practices
The following automated trading behaviors are strictly prohibited and may result in account review, suspension, or termination without refund:
Latency, price-feed, or reverse arbitrage strategies.
- Tick scalping or ultra-high-frequency strategies designed to exploit execution timing.
- News-spike exploitation, order flooding, or quote manipulation.
- Grid, martingale, or risk-amplification systems that undermine drawdown intent.
- Any EA designed to bypass risk limits, monitoring mechanisms, or evaluation rules.
- Copying, mirroring, or coordinating trades across accounts to manipulate outcomes.
Monitoring & Firm Discretion
All EA activity is subject to performance and behavior review.
MK Capital Circle reserves the sole discretion to determine whether an EA:
- Aligns with professional trading standards.
- Demonstrates fair and non-manipulative behavior.
- Poses unacceptable risk to the firm’s evaluation framework or internal capital model.
If an EA is deemed abusive or inconsistent with firm policies:
- The account may be suspended or terminated.
- Profits generated during the violation period may be forfeited.
- Challenge access, refunds, or payouts may be denied.
Trader Responsibility
Traders are fully responsible for:
- The logic, behavior, and performance of any EA they deploy.
- Compliance with all trading rules and limits.
- Monitoring EA behavior during volatile or illiquid market conditions.
MK Capital Circle does not grant exceptions for losses, violations, or account breaches caused by automated systems.
Final Notice
Fair, disciplined automation is permitted.
Exploitative or rule-evasive systems are not.
Professional conduct is mandatory.
SECTION 13– PROHIBITED TRADING STRATEGIES & ABUSIVE PRACTICES
To maintain a fair, sustainable, and professional evaluation environment, MK Capital Circle strictly prohibits any trading strategy or behavior designed to circumvent risk rules, exploit non standard market behavior, or create artificial advantages inconsistent with professional trading practices.
This section exists to protect the firm’s evaluation framework and ensure equal treatment for all traders.
Strictly Prohibited Trading Practices
The following strategies and behaviors are not permitted across any MK Capital Circle program, including evaluation and simulated funded accounts.
Market Manipulation & Arbitrage Strategies
- Latency, price-feed, or reverse arbitrage strategies.
- Strategies designed to exploit timing discrepancies between price feeds.
- Any form of off-market or non-tradable price exploitation.
Low-Liquidity & Volatility Abuse
- Trading strategies primarily designed to exploit low-liquidity conditions.
- Tick scalping or ultra-short-term strategies intended to exploit execution timing.
- Order flooding or excessive order placement to gain artificial advantage.
News & Event Exploitation
- Trading strategies designed primarily to exploit execution volatility during news events
- News straddling or spike-capture systems intended to profit from execution irregularities
rather than market direction
Risk Amplification & Drawdown Circumvention
- Martingale strategies.
Grid trading systems. - Loss-recovery, averaging-down, or position-multiplying strategies that undermine drawdown limits or risk intent.
Account Manipulation & Rule Circumvention
- Hedging or offsetting exposure across multiple accounts.
- Copy trading, mirroring, or coordinated trading activity intended to manipulate evaluation outcomes.
- Using multiple accounts to artificially reduce effective risk exposure.
Platform, Tool & Rule Abuse
- Use of scripts, plugins, or tools designed to bypass rules or monitoring mechanisms.
- Manipulating trade size, frequency, or execution behavior to avoid limits.
- Any attempt to exploit technical or procedural weaknesses in the evaluation process.
General Abuse Clause
Any strategy or behavior that:
- Provides an artificial or unfair advantage.
- Is not reasonably viable under standard market conditions.
- Circumvents the intent of risk rules.
- Undermines the integrity of the evaluation framework.
may be deemed prohibited, even if not explicitly listed above.
Firm Review & Enforcement
MK Capital Circle reserves the right to:
- Review trading activity manually or through monitoring systems.
- Determine whether a strategy violates firm rules or intent.
- Restrict, suspend, or terminate accounts engaged in prohibited activity
Where violations occur: - Accounts may be closed.
- Profits generated through prohibited behavior may be voided.
- Challenge access, refunds, or payouts may be denied.
Trader Responsibility
Traders are fully responsible for:
- Understanding and complying with all trading rules.
- Ensuring strategies reflect professional and ethical trading conduct.
- Avoiding any approach designed to exploit conditions rather than trade market.
Lack of awareness or misunderstanding does not exempt a trader from enforcement
MK Titan Rulebook
A two-phase institutional evaluation framework built to identify disciplined and consistently profitable traders. All performance metrics, risk thresholds, and execution standards are formally defined within this rulebook.
Trading Environment, Broker & Platform Rules
This section explains how the trading environment works and clarifies all broker- and platform related responsibilities.
MK Capital Circle operates a trader-first evaluation model designed to ensure fairness, transparency, and consistency across all account types.
Trader-Selected Broker & Platform
Traders are required to create and maintain their own demo trading account with a supported third-party broker of their choice.
- Supported platforms: MT5-compatible environments.
- Broker selection is made solely by the trader.
- MK Capital Circle does not provide or operate broker accounts.
This structure allows traders to trade under execution conditions they are familiar with and have previously tested.
Account Setup & Evaluation Process
When purchasing an evaluation program, the trader must open a demo account that matches the purchased account size.
Example: If a trader purchases an MK Titan Two-Step $10,000 account, they must open a $10,000 demo account with their chosen broker.
The trader must then provide:
- MT5 account login
- Server name
- Investor (read-only) password
This access is used strictly for performance monitoring and rule enforcement. Trading passwords must never be shared.
Phase Progression (MK Titan Two-Step)
- Phase 1: The trader trades on their own demo account under Phase 1 rules
- Phase 2: Upon passing Phase 1, the trader will be notified via email and must create a new
demo account for Phase 2 and provide updated monitoring access. - Funded Stage (Simulated): Upon successful completion, the trader may receive access to a simulated funded account, subject to internal review.
Execution & Broker Responsibility
MK Capital Circle does not control or influence:
- Trade execution
- Pricing
- Spreads
- Slippage
- Commissions
- Swap or rollover charges
- Broker server availability
Account Integrity Rules
The following actions are strictly prohibited and will result in challenge failure:
- Changing account balance or parameters.
- Changing or disabling investor (read-only) access.
- Resetting the demo account without approval.
- Removing monitoring access during an active phase.
Account Monitoring & Rule Enforcement
- At MK Capital Circle, accounts are monitored by system alerts and manually reviewed for accuracy.
Please understand clearly:
- The moment you violate a rule, your account is considered terminated.
- This applies even if you receive the notification later.
- Notifications are only confirmation, not the trigger.
Process flow:
- Once a rule is violated, we receive a system alert.
- Our team manually reviews the account to confirm the breach.
- After verification, we send the account termination confirmation email.
- Due to this review process, there may be a short delay in email confirmation.
As traders operate on their own broker:
- We cannot instantly stop trading activity.
- Any trades placed after a rule violation have no validity.
- Your account is already considered disconnected at the moment of breach.
We don’t rely only on automated systems — our team double-checks every case manually to ensure accuracy and fairness.
Payouts & Capital Allocation
All funded accounts operate in a simulated trading environment.
- Payouts are made from MK Capital Circle’s internal capital.
- Payouts are not linked to broker profits or losses.
- MK Capital Circle does not profit from spreads, slippage, or trader losses.
DAILY DRAWDOWN RULE
Daily drawdown is calculated based on the start-of-day equity and includes both floating losses and closed losses. Daily drawdown also includes all trading-related costs, including commissions, swaps, and fees. The daily drawdown limit is a hard risk threshold and must not be breached under any circumstances. A breach of the daily drawdown limit will result in immediate account violation, termination, or suspension, without prior notice.
Traders are fully responsible for monitoring their account equity in real time and for managing open positions accordingly. Trades must be closed before the daily drawdown threshold is reached. Any breach resulting from market volatility, slippage, spread widening, execution delays, or technical conditions will still be considered a valid violation.
MK Capital Circle reserves the right to enforce all drawdown rules at its sole discretion and to take appropriate action in the event of a breach to protect capital and maintain a disciplined trading environment.
The daily drawdown limit is always calculated from the trader’s original starting balance, not from the current balance after profits. This rule applies at all times, regardless of whether trades earlier in the day were profitable.
Daily Drawdown Reset Time
The daily drawdown resets at 00:00 UTC (midnight). This reset takes place during the daily market rollover period, when the market is typically closed for approximately one hour. After the reset, a new daily drawdown limit is applied for the new trading day.
The daily drawdown for MK Titan Account is fixed at 5% of the initial account balance and resets at the start of each trading day. The daily loss limit includes both realized (closed) losses and unrealized (floating) losses. Once the combined total of closed and floating losses reaches the defined daily limit, the account will be considered in breach of the risk parameters.
If the account is in profit during the trading day, the allowable daily loss increases by the same amount as the profit. However, any loss that exceeds the total allowable daily drawdown at any moment during the trading day will result in immediate account termination.
It is important to understand that although profits can temporarily increase the allowable daily loss during the same trading day, the daily drawdown is always anchored to 5% of the original starting balance, not the increased balance after profits.
Example 1: Profit Increases Allowable Daily Loss (Same Day)
For a $10,000 account, the daily drawdown limit is $500 (5%). If the trader makes a $200 profit during the trading day, the maximum allowable loss for that same day becomes $700. At 00:00 UTC, the daily drawdown resets, and the allowable daily loss returns to $500 for the new trading day.
Example 2: Profitable Trade Followed by Losses
If a trader starts the day with a $10,000 account, the daily drawdown limit at 5% is $500. If the first trade is closed in profit at +$500, the account balance increases to $10,500. Despite this profit, when entering the next trade, the maximum allowable loss remains $500 because the daily drawdown is still calculated from the original $10,000 balance.
The trade must be closed before the floating loss reaches $500. To avoid accidental violations caused by spread or slippage, traders are strongly advised to close the trade around a -$480 loss as a safety buffer.
If the second trade is closed at a loss of $500, the account balance returns to $10,000 and the equity remains at $10,000. The trader may then enter a third trade. If this third trade reaches a loss of $500, the account equity drops to $9,500, which represents the maximum daily drawdown allowed for that trading day. Any further loss beyond this level will result in a daily
drawdown breach.
A total loss of $1,000 after a $500 profit must occur across two separate trades, not within a single trade. One trade losing $1,000 after a profitable trade is not permitted, as it would cause the equity to fall below $9,500 in a single movement, violating the daily drawdown rule.
Example 3: Loss on One Day and Reset on the Next Day
If a trader starts with a $10,000 account and takes a $300 loss during the day, the account balance becomes $9,700. For that same trading day, the remaining allowable daily drawdown is $200, because the account equity must not fall below $9,500.
On the next trading day, the daily drawdown resets at 00:00 UTC. Even though the trader starts the new day with a balance of $9,700, the daily drawdown limit is again $500, because the drawdown is always calculated based on the original starting balance.
For the new trading day, the trader begins with $9,700 and has a total allowable daily loss of $500. This means the account equity must not fall below $9,200 at any point during that day.
This example demonstrates that even if the account balance is lower than the original $10,000, the daily drawdown limit remains fixed at 5% of the original balance, and the equity floor adjusts accordingly.
SECTION 3: TOTAL DRAWDOWN RULE
Total drawdown represents the maximum permissible loss on an account and is calculated based on account equity, including both floating losses and closed losses, at all times.
The total drawdown limit is a hard risk threshold and must not be breached under any circumstances. A breach of the total drawdown limit will result in immediate account violation, termination, or suspension, without prior notice.
Total drawdown is not subject to daily reset and remains in effect for the entire lifecycle of the account. Profits generated on the account do not extend, reduce, or modify the total drawdown limit unless explicitly stated under the specific account terms.
Traders are fully responsible for monitoring their account equity in real time and for managing open positions accordingly. Trades must be closed before the total drawdown threshold is reached. Any breach resulting from market volatility, slippage, spread widening, execution delays, or technical conditions will still be considered a valid violation.
MK Capital Circle reserves the right to enforce all drawdown rules at its sole discretion and to take appropriate action in the event of a breach to protect capital and maintain a disciplined trading environment.
For MK Titan accounts, the total drawdown is fixed at 10% of the original starting balance and is static, meaning it does not trail or adjust with profits. The total drawdown is calculated based on account equity, including both floating and closed losses, at all times.
The account equity must never fall below 90% of the original starting balance. Any breach of the total drawdown limit, whether caused by a single trade or multiple trades, will result in immediate account violation and termination, without prior notice.
The total drawdown for MK Titan accounts does not reset and remains in effect for the entire duration of the account. Profits earned on the account do not increase, reduce, or modify the total drawdown limit under any circumstances.
Example – $10,000 MK Titan Account
For a $10,000 MK Titan account, the maximum total drawdown is $1,000. This means the account equity must not fall below $9,000 at any time.
If the trader incurs losses totaling $1,000 across one or multiple trades, the account equity reaches $900 and the maximum total drawdown limit is reached. Any additional loss beyond this point, even by a small amount, will result in an immediate total drawdown violation and account termination.
This limit applies at all times, regardless of whether the account was previously in profit. All trades must be actively managed and closed before the equity reaches the total drawdown threshold to remain compliant with MK Capital Circle’s risk management rules.
SECTION 4-NEWS TRADING POLICY
MK Capital Circle applies specific news-trading rules to protect capital during periods of high market volatility. Trading activity around major economic news events is subject to monitoring, and all compliance decisions made by MK Capital Circle are final.
News trading is allowed during the evaluation phases of MK Titan (Two-Step Challenge).
For Mk Titan Live Accounts, holding trades during news events is permitted. However, opening, closing, or executing any trades (including pending orders) within 15 minutes before or after a major news event is strictly prohibited.
For example, if a major news event is scheduled at 6:30 PM, no trade may be opened, closed, or executed between 6:15 PM and 6:45 PM. Any trades executed during this restricted window will not be counted toward profit or profit share. The account will remain active, but profits generated during this period will be excluded.
For Mk Titan Live Accounts, any profit generated from trades executed during restricted news periods will be deducted from the payout split, not from the total account profit.
MK Capital Circle uses Forex Factory as the official reference for news events. Any high-impact news marked with a red folder, for any currency, is considered a news event under this policy.
SECTION 5-CHALLENGE COMPLETION & PROFIT TARGET POLICY
To successfully pass any challenge phase at MK Capital Circle, achieving the profit target alone is not sufficient. Traders must fully comply with the following conditions to ensure fair evaluation and risk control.
1. Manual Trade Closure Requirement
- All trades must be manually closed for profits to be considered valid.
- Floating (unrealized) profits do not count toward the profit target.
- If the profit target is reached while trades remain open and the market later reverses into a loss, the responsibility lies entirely with the trader
- MK Capital Circle will not recognize profits unless positions are fully closed and realized.
- This policy ensures accurate performance assessment and protects both the trader and the firm from market volatility.
MK Titan Accounts
These accounts require two evaluation phases to verify trading consistency and discipline:
Phase 1:
Profit Target: 8%
• Example: On a $10,000 account, the target is $800
• Phase 2:
• Profit Target: 5%
• Example: On a $10,000 account, the target is $500
Important Notice
All rules are designed to ensure responsible risk management, transparent performance evaluation, and long-term sustainability for both traders and MK Capital Circle. Failure to comply with trade closure or profit validation rules may result in challenge failure, regardless of temporary account equity levels.
SECTION 6 – MINIMUM TRADING DAYS POLICY
To ensure fair trading behavior and protect both the trader and the firm, the following minimum trading day rules apply across MK Titan Two Step accounts:
MK Titan Challenge Accounts
• Phase 1: Minimum 3 trading days.
• Phase 2: Minimum 3 trading days.
MK Titan Live Accounts
• No minimum trading days.
• You may trade for one day and wait for payout once profit eligibility is met.
SECTION 7 – KYC & MANUAL VERIFICATION
KYC and Manual Verification are mandatory and critical process designed to ensure discipline, consistency, and long-term risk integrity across all Mk Capital Circle trading programs.
All traders must successfully pass this verification stage to be eligible for progression to a Live Account. Failure to meet verification standards will result in non-approval for live account issuance.
Performance & Risk Review
Mk Capital Circle conducts a thorough review of all prior trading activity. This review includes, but is not limited to: Risk management consistency
• Position sizing behavior.
• Trade execution discipline.
• Evidence of structured strategy implementation.
Traders found to be engaging in gambling behavior, excessive risk exposure, reckless trading, or strategy-less execution may be subject to the following actions at Mk Capital Circle’s sole discretion:
• Required reattempt of the profit target under proper risk conditions, or
• Account suspension or termination without refund of any challenge or participation fees.
Conversely, traders who demonstrate strong discipline, controlled risk management, and professional trading behavior may receive priority processing and early access to the next trading stage under the evaluation program. Our team actively seeks disciplined traders prepared for long-term capital allocation.
Upon successful completion of:
• Phase 1 and Phase 2 of Mk Titan Two step accounts, our compliance team will contact the trader to collect the following:
• Government-issued identification (front and back).
• Registered email address and phone number.
• Wallet address designated for payout processing.
Upon successful completion, the trader may qualify for the next evaluation stage under a simulated trading environment. All payouts are discretionary and paid from MK Capital Circle’s internal capital. KYC and manual verification for MK Titan are completed within two business days.
Once verification is successfully approved, traders may continue trading on Mk Titan live account.
Final Notice
Mk Capital Circle reserves the full right to delay, deny, suspend, or terminate accounts that fail to meet verification, compliance, or risk standards. This process exists to protect the firm, ensure fairness, and support disciplined traders committed to professional trading standards.
SECTION 8 – BONUS REWARD: CHALLENGE FEE REFUND
At Mk Capital Circle, we respect and reward traders who demonstrate exceptional risk management, discipline, and consistency throughout their trading journey.
Eligibility Criteria
Traders operating Mk Live Titan Accounts are eligible to receive a full challenge fee refund provided that:
• Floating losses remain below 1% of the initial account balance at all times.
• This condition is maintained throughout challenge phases (1 & 2) and up to the trader’s first payout.
This reward structure is designed to reinforce capital preservation, professional execution, and long-term trading discipline.
Additional Performance Benefits
Beyond the challenge fee refund, traders who consistently maintain floating losses below 1% may also qualify for:
• Increased payout splits, subject to ongoing performance review and compliance. Further details regarding payout enhancements are available in the Payout Section.
Firm Discretion
Mk Capital Circle reserves the exclusive right to verify, approve, modify, or deny any bonus reward based on:
- Risk management behavior.
- Trading consistency.
- Full adherence to all firm rules and policies.
This reward program exists to recognize traders who operate at a professional standard suitable for managing firm capital.
SECTION 9 – PAYOUT ELIGIBILITY, PROFIT SPLITS & PERFORMANCE BONUSES
Mk Capital Circle rewards traders who demonstrate consistency, discipline, and professional risk management. Payout eligibility, profit splits, and bonuses vary by account type and are governed strictly by the rules outlined below.
A. MK LIVE TITAN – PAYOUT ELIGIBILITY
Payout Timing
●Traders may request a payout every 14 calendar days after placing their first trade on the Mk live account, and this applies to every payout.
Minimum Payout Requirement
- To be eligible for any payout, traders must achieve a minimum of 3% total eligible profit on their live account.
- All account rules must be respected without exception.
MK LIVE TITAN ACCOUNTS – PROFIT SPLIT
Standard Profit Split
• 80% profit share to the trader
Example ($10,000 Account):
If total profit = $1,000
→ Trader receives $800
→ Mk Capital Circle retains $200
Performance Bonus – 100% Profit Share
Traders who:
• Maintain floating losses below 1% throughout all Mk Titan challenge phases and continue this discipline on the Mk Live Titan account will receive a 100% profit share.
Example ( $10,000 Account ):
If total profit = $1,000
→ Trader receives $1,000
→ Firm retains $0
This bonus is reserved for traders demonstrating elite risk discipline and consistency.
FINAL NOTICE
Mk Capital Circle reserves the full and exclusive right to:
• Review all trading activity.
• Verify profit calculations.
• Approve, delay, reduce, or deny payouts.
• Adjust profit splits based on rule compliance and risk behavior.
All payouts are subject to compliance review and final approval.
SECTION 10– WEEKEND HOLDING POLICY
Mk Capital Circle respects every trader and every trading strategy. In line with our commitment to flexibility and trader autonomy, weekend holding is permitted across all account models, including both Challenge and Live Accounts. Cryptocurrency trading is strictly prohibited during weekends and any periods when the Forex market is closed, including bank holidays. Any
violation will result in immediate account termination without prior notice.
Risk Responsibility
Traders may hold open positions over the weekend at their own discretion.
Traders must fully understand that weekend market openings may involve price gaps, increased volatility, and reduced liquidity. Any losses resulting from:
- Weekend price gaps.
- Market re-open volatility.
- Slippage or execution differences that lead to a breach of daily or total drawdown limits are the sole responsibility of the trader.
Important Notice
• Drawdown violations caused by weekend market gaps are not exempt from rule enforcement.
• Challenge fee refunds, payouts, or account eligibility may be forfeited if drawdown rules are breached due to weekend holding. Mk Capital Circle does not provide compensation, refunds, or rule exceptions for losses incurred from weekend market behavior.
Final Reminder
Weekend holding offers additional freedom—but with that freedom comes full accountability. Manage your exposure.Control your risk.Trade responsibly.
SECTION 11– LEVERAGE, SPREADS, COMMISSIONS & SLIPPAGE
MK Capital Circle operates a trader-selected broker model.
All trading activity takes place on demo accounts created by traders with their chosen third-party broker.
Leverage
Leverage settings are determined solely by the trader’s chosen broker and may vary depending on:
- Broker policies
- Account type
- Instrument traded
- Market conditions
MK Capital Circle does not set, modify, or enforce leverage levels.
Spreads & Commissions
Spreads, commissions, and other trading costs are fully determined by the trader’s selected broker
- MK Capital Circle does not provide fixed spreads
- MK Capital Circle does not charge or control trading commissions.
- All trading costs are applied by the broker selected by the trader.
Traders are responsible for understanding the cost structure of their chosen broker before trading.
Slippage & Execution
All trades are executed according to the execution model of the trader’s selected broker. Slippage may occur under normal market conditions, including but not limited to:
- High volatility
- News events
- Low-liquidity periods
Both positive and negative slippage are possible and are considered normal market behavior. MK Capital Circle does not influence order execution, pricing, or trade fills.
Important Notice
MK Capital Circle does not guarantee:
- Specific spreads
- Fixed leverage
- Zero slippage
- Execution at requested prices
Execution-related outcomes resulting from broker conditions are not grounds for:
- Refunds
- Rule exceptions
- Account reinstatement
By participating in any MK Capital Circle program, traders acknowledge and accept the execution conditions of their chosen broker.
SECTION 12– EXPERT ADVISORS (EA) & AUTOMATED TRADING POLICY
MK Capital Circle permits the use of Expert Advisors (EAs) and automated trading systems across its programs, provided they are used in a fair, transparent, and risk-controlled manner. This policy supports professional algorithmic traders while protecting the firm from abusive, manipulative, or non-professional trading behavior.
Permitted EA Usage
EAs are permitted provided that:
- The EA is based on legitimate market logic and strategy.
- Trading behavior reflects normal market participation.
- All risk management rules, drawdown limits, and exposure limits are respected.
- The EA does not attempt to bypass or manipulate evaluation rules.
Traders remain fully responsible for ensuring their automated systems operate within MK Capital Circle’s rules at all times.
Prohibited EA Practices
The following automated trading behaviors are strictly prohibited and may result in account review, suspension, or termination without refund:
- Latency, price-feed, or reverse arbitrage strategies.
- Tick scalping or ultra-high-frequency strategies designed to exploit execution timing.
- News-spike exploitation, order flooding, or quote manipulation.
- Grid, martingale, or risk-amplification systems that undermine drawdown intent.
- Any EA designed to bypass risk limits, monitoring mechanisms, or evaluation rules.
- Copying, mirroring, or coordinating trades across accounts to manipulate outcomes.
Monitoring & Firm Discretion
All EA activity is subject to performance and behavior review.
MK Capital Circle reserves the sole discretion to determine whether an EA:
- Aligns with professional trading standards.
- Demonstrates fair and non-manipulative behavior.
- Poses unacceptable risk to the firm’s evaluation framework or internal capital model.
If an EA is deemed abusive or inconsistent with firm policies:
- The account may be suspended or terminated.
- Profits generated during the violation period may be forfeited.
- Challenge access, refunds, or payouts may be denied.
Trader Responsibility
Traders are fully responsible for:
- The logic, behavior, and performance of any EA they deploy.
- Compliance with all trading rules and limits.
- Monitoring EA behavior during volatile or illiquid market conditions.
MK Capital Circle does not grant exceptions for losses, violations, or account breaches caused by automated systems.
Final Notice
Fair, disciplined automation is permitted.
Exploitative or rule-evasive systems are not.
Professional conduct is mandatory.
SECTION 13– PROHIBITED TRADING STRATEGIES & ABUSIVE PRACTICES
To maintain a fair, sustainable, and professional evaluation environment, MK Capital Circle strictly prohibits any trading strategy or behavior designed to circumvent risk rules, exploit non standard market behavior, or create artificial advantages inconsistent with professional trading practices. This section exists to protect the firm’s evaluation framework and ensure equal
treatment for all traders.
Strictly Prohibited Trading Practices
The following strategies and behaviors are not permitted across any MK Capital Circle program, including evaluation and simulated funded accounts.
Market Manipulation & Arbitrage Strategies
- Latency, price-feed, or reverse arbitrage strategies.
- Strategies designed to exploit timing discrepancies between price feeds.
- Any form of off-market or non-tradable price exploitation.
Low-Liquidity & Volatility Abuse
- Trading strategies primarily designed to exploit low-liquidity conditions.
- Tick scalping or ultra-short-term strategies intended to exploit execution timing.
- Order flooding or excessive order placement to gain artificial advantage.
News & Event Exploitation
- Trading strategies designed primarily to exploit execution volatility during news events.
- News straddling or spike-capture systems intended to profit from execution irregularities rather than market direction.
Risk Amplification & Drawdown Circumvention
- Martingale strategies.
Grid trading systems. - Loss-recovery, averaging-down, or position-multiplying strategies that undermine drawdown limits or risk intent.
Account Manipulation & Rule Circumvention
- Hedging or offsetting exposure across multiple accounts.
- Copy trading, mirroring, or coordinated trading activity intended to manipulate evaluation outcomes.
- Using multiple accounts to artificially reduce effective risk exposure.
Platform, Tool & Rule Abuse
- Use of scripts, plugins, or tools designed to bypass rules or monitoring mechanisms.
- Manipulating trade size, frequency, or execution behavior to avoid limits.
- Any attempt to exploit technical or procedural weaknesses in the evaluation process.
General Abuse Clause
Any strategy or behavior that:
- Provides an artificial or unfair advantage.
Is not reasonably viable under standard market conditions. - Circumvents the intent of risk rules.
- Undermines the integrity of the evaluation framework.
may be deemed prohibited, even if not explicitly listed above.
Firm Review & Enforcement
MK Capital Circle reserves the right to:
- Review trading activity manually or through monitoring systems.
- Determine whether a strategy violates firm rules or intent.
- Restrict, suspend, or terminate accounts engaged in prohibited activity
Where violations occur:
- Accounts may be closed.
- Profits generated through prohibited behavior may be voided.
- Challenge access, refunds, or payouts may be denied.
Trader Responsibility
Traders are fully responsible for:
- Understanding and complying with all trading rules.
- Ensuring strategies reflect professional and ethical trading conduct.
- Avoiding any approach designed to exploit conditions rather than trade market.
Lack of awareness or misunderstanding does not exempt a trader from enforcement